Founded Wertkauf retail chain in 1958. Sold it to Wal-Mart in 1997 for $500 million. In July 2005 sold his Mann Mobilia furniture chain to the Austrian Lutz Group for an estimated $240 million. He and his family still own more than 11 million square feet of premium real estate throughout the U.S., managed by family's Sunbelt Management Co. in Delray Beach, Fla.